Binance Alpha announced the launch of CESS Network, offering users with over 170 points the chance to claim 10,000 CESS tokens through an airdrop.
Launch of CESS Network and Token Airdrop
Binance Alpha has launched the CESS Network and organized a token airdrop for users with more than 170 points on the platform. This event highlights the company’s desire to promote decentralized technologies.
Strengthening Decentralized Systems and User Privileges
The launch of the CESS Network includes events aimed at improving user control over their data. The use of Proxy Re-encryption Technology (PReT) enhances data privacy. Users who reach a certain point threshold can qualify for tokens, reflecting Binance's aim to increase user engagement.
Market Performance of CESS and Future Predictions
As of June 27, 2025, CESS Network faced market volatility. According to CoinMarketCap, the fully diluted market cap of CESS stood at $24.63 million, with a trading volume of $9.09 million over 24 hours. The CESS token saw a price drop of 24.62% within a day, indicating significant decline amid the launch conditions.
The launch of CESS Network illustrates Binance Alpha's efforts to enhance the appeal of decentralized technologies and user control over their data, while market fluctuations underscore the risks associated with new tokens.
